Eastland Mall (Columbus, Ohio)
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Eastland Mall (Columbus, Ohio)
Eastland Mall was an enclosed shopping mall in Columbus, Ohio. The mall opened February 14, 1968 and closed on December 27, 2022. There are 4 vacant anchor stores that were once Lazarus, JCPenney, Sears, and Macy's. The mall is owned and managed by Eastland Mall Holdings, LLC. Despite having no anchor stores, the mall's interior was until recently thriving with many smaller businesses and its food court, unusual for a mall lacking anchors and thus having enough tenants to keep it from being a dead mall. It would, however, later succumb to that fate. History The mall was built in 1968 by Richard E. Jacobs group, who also developed Columbus's Northland and Westland Malls. It was the first enclosed shopping mall in Columbus. As with the other two "directional" Jacobs malls in Columbus, Eastland's original anchors included J. C. Penney, Sears, and Lazarus. Although Eastland itself is a single-story mall, all three of its original anchor stores were constructed with two stories of ...
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Columbus, Ohio
Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and the third-most populous state capital. Columbus is the county seat of Franklin County; it also extends into Delaware and Fairfield counties. It is the core city of the Columbus metropolitan area, which encompasses 10 counties in central Ohio. The metropolitan area had a population of 2,138,926 in 2020, making it the largest entirely in Ohio and 32nd-largest in the U.S. Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Columbus. ...
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Kaufmann's
Kaufmann's was a department store that originated in Pittsburgh, Pennsylvania. Summary The store was owned in the early 20th century by Edgar J. Kaufmann, patron of the famous Fallingwater house. In the post-war years, the store became a regional chain in the eastern United States, and was last owned by Federated Department Stores. At the height of its existence, it had some 59 stores in 5 states. Formerly part of May Department Stores prior to that company's acquisition by Federated on August 30, 2005, Kaufmann's operated as part of the Filene's organization in Boston, Massachusetts. On February 1, 2006, the Filene's/Kaufmann's organization was dissolved and the management of its stores was assumed by Macy's East and the new Macy's Midwest. On September 9, 2006, Macy's retired the Kaufmann's name as Federated Department Stores converted the former May Company brands to its masthead. In 2015, Macy's closed and sold the iconic Pittsburgh store for redevelopment as part of th ...
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Shopping Malls In Ohio
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for produc ...
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Washington Prime Group
Washington Prime Group Inc. is an American real estate investment trust that invests in shopping centers. The company is organized in Indiana with its headquarters in Columbus, Ohio. From January 2015 to September 2016, the company had the name WP Glimcher. On June 13, 2021, Washington Prime filed for Chapter 11 bankruptcy. Investments As of , the company owned interests in 89 shopping centers. Properties owned by the company include the following: History On May 28, 2014, the company, which at that time owned interests in 98 shopping centers, was spun off by Simon Property Group. In June 2014, the company acquired its partner's 50% interest in Clay Terrace for $22.9 million. In January 2015, the company acquired Glimcher Realty Trust in a $4.3 billion transaction and the company was renamed as WP Glimcher. As part of the transaction, Jersey Gardens in Elizabeth, New Jersey and University Park Village in Fort Worth, Texas, were sold to Simon Property Group, while WP Glimcher ...
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Buildings And Structures In Columbus, Ohio
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artistic ...
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Defunct Shopping Malls In The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Shopping Malls In Columbus, Ohio
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ...
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Public Nuisance
In English criminal law, public nuisance was a common law offence in which the injury, loss, or damage is suffered by the public, in general, rather than an individual, in particular. In Australia In ''Kent v Johnson'' the Supreme Court of the ACT held that public nuisance is "an unlawful act or omission ... which endangers the lives, safety, health, property or comfort of the public or by which the public are obstructed in the exercise or enjoyment of any right common to all".''Kent v Johnson (Minister of State for Works)'' (1973) 2 ACTR 1; (1973) 21 FLR 177, Supreme Court (ACT, Australia). And also, public nuisance is a criminal offense at some common law and by statute under some states. To establish a prima facie case of public nuisance, a private individual will have to prove: (1) title to sue, (2) that the interference is with a public right and (3) that the defendant's interference is substantial and unreasonable. * (1): title to sue In the case ''Walsh v Ervin'',. as ...
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CMBS
Commercial mortgage-backed securities (CMBS) are a type of mortgage-backed security backed by commercial and multifamily mortgages rather than residential real estate. CMBS tend to be more complex and volatile than residential mortgage-backed securities due to the unique nature of the underlying property assets. CMBS issues are usually structured as multiple tranches, similar to collateralized mortgage obligations (CMO), rather than typical residential "passthroughs." The typical structure for the securitization of commercial real estate loans is a real estate mortgage investment conduit (REMIC), a creation of the tax law that allows the trust to be a pass-through entity which is not subject to tax at the trust level. Many American CMBS transactions carry less prepayment risk than other MBS types, thanks to the structure of commercial mortgages. Commercial mortgages often contain lockout provisions (typically a period of 1-5 years where there can be no prepayment of the loa ...
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Deed In Lieu Of Foreclosure
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender. The principal advantage to the borrower is that it immediately releases him/her from most or all of the personal indebtedness associated with the defaulted loan. The borrower also avoids the public notoriety of a foreclosure proceeding and may receive more generous terms than he/she would in a formal foreclosure. Another benefit to the borrower is that it hurts his/her credit less than a foreclosure does. Advantages to a lender include a reduction in the time and cost of a repossession, lower risk of borrower revenge (metal theft and vandalism of the property before sheriff eviction), and additional advantages if the borrower subsequently files for b ...
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The Columbus Dispatch
''The Columbus Dispatch'' is a daily newspaper based in Columbus, Ohio. Its first issue was published on July 1, 1871, and it has been the only mainstream daily newspaper in the city since ''The Columbus Citizen-Journal'' ceased publication in 1985. As of November 2019, Alan D. Miller is the newspaper's interim general manager. History The paper was founded in June 1871 by a group of 10 printers with 900 in financial capital. The paper published its first issue as ''The Daily Dispatch'' on July 1, 1871, as a four-page paper which cost 4¢ (¢ in ) per copy. The paper was originally an afternoon paper for the city of Columbus, Ohio, which at the time had a population of 32,000. For its first few years, the paper rented a headquarters on North High Street and Lynn Alley in Columbus. It began with 800 subscribers. On April 2, 1888, the paper published its first full-page advertisement, for the Columbus Buggy Company. In 1895, the paper moved its headquarters to the northeast corner ...
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Polaris Fashion Place
Polaris Fashion Place is a two level shopping mall and surrounding retail plaza serving Columbus, Ohio, United States. The mall, owned locally by Washington Prime Group, is located off Interstate 71 on Polaris Parkway in Delaware County just to the north of the boundary between Delaware and Franklin County. The mall features five anchor stores, Saks Fifth Avenue, Von Maur, Macy's, JCPenney, and a combination of Dick's Sporting Goods/Public Lands, as well as an outdoor promenade which includes Forever 21, Dave & Buster's, and Barnes & Noble. The mall is part of the much larger 1200 acre POLARIS Centers of Commerce real estate development in northern Columbus. This development includes the McCoy Center, the Polaris Founder's Park along with over a hundred other commercial and residential developments. History Glimcher Realty Trust began construction on Polaris Fashion Place in June 2000. The mall opened in November 2001 with 146 inline tenants. The developers chose to include s ...
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